NOT LISTED FOR SALE

404 Central Ave Hanford, CA 93230

Hanford Area

1 Bed

1 Bath

4,160 Sq Ft

6,400 Sq Ft Lot

Date Sold: April 20, 2026

Last sale price $1,000,000 $240 Per Sq Ft

5 Days on Market

About This Home

As of April 2026

404 Central Ave is a 10-unit multifamily property. The building consists entirely of one bedroom, one-bathroom units. The owner is responsible for water, sewer, and trash, while residents pay for their own electricity. Situated near the center of Hanford, the location provides residents with convenient walkability to downtown amenities. The property is being offered at a 6.72% cap rate, providing a strong income foundation from day one. With current rents positioned below market value, this asset offers a straightforward low-maintenance operation with clear upside potential.

Last Agent to Sell the Property

Jaime Martinez

Hoekstra & Associates Inc License #01971583 Listed on: 04/02/2026

Last Buyer's Agent

Sunny Malhi

Realty One Group Action License #02006420

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Property Details

Home Type

Apartment

Lot Details

6,400 Sq Ft Lot

Home Design

Stucco Exterior

Interior Spaces

4,160 Sq Ft Home
2-Story Property

Community Details

No Home Owners Association

Listing and Financial Details

Tenant pays for electricity
Assessor Parcel Number 010243017000

Property Details

Home Type

Apartment

Lot Details

6,400 Sq Ft Lot

Listing Details

Property Sub Type: Apartment
Prop. Type: MultiFamily
Horses: No
Lot Size Acres: 0.1469
Directions: Located on the north side of central street
Building Stories: 2
Days On Market: No
Formal Living Room: No
Special Features: None
Stories: 2

Interior Features

Private Spa: No
Living Area: 4160.00
Broker Approved: Yes
Reciprocal Listing: No
Interior Layout: One Building
Master Bedroom: No

Exterior Features

Pool Private: No
Roof: Asphalt
Exterior: Stucco
Price Per Acre: 6807351.94
Price Per Square Foot: 240.38

Garage/Parking

Parking Features: 1 Space Per Unit

Condo/Co-op/Association

Association: No

Lot Info

Lot Size Sq Ft: 6400.00
Parcel #: 010243017000
Zoning: RM3

Green Features

Solar: No

Rental Info

Tenant Pays: Electricity
Sub Lease: No
Sub Lease Expire: 1800-01-01T00:00:00-08:00

Multi Family

Existing Lease Type: Net
Income Includes: ["Rent Monthly"]
Annual Gross Scheduled Income: Yes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Apr 2026 - Present 4 Months

Company

Purchase Details

Listed on

Apr 2, 2026

Closed on

Apr 13, 2026

Sold by

Bought by

Seller's Agent

Jaime Martinez

Hoekstra & Associates Inc

Buyer's Agent

Sunny Malhi

Realty One Group Action

List Price

$1,100,000

Sold Price

$1,000,000

Premium/Discount to List

-$100,000

-9.09%

Views

Nov 2023 - Apr 2026 2 Years and 5 Months

Company

Purchase Details

Listed on

Feb 25, 2022

Closed on

Nov 23, 2023

Sold by

Bought by

Seller's Agent

Larry Martella

Martella Real Estate

Buyer's Agent

Area Out Of

Out Of Area

List Price

$975,000

Sold Price

$875,000

Premium/Discount to List

-$100,000

-10.26%

Views

Avg. Annual Appreciation

5.75%

Original Mortgage

$583,333

Interest Rate

7.63%

Mortgage Type

New Conventional

Source: Public Records

Agents Specializing in Hanford, CA

Jesus Alberto Ramirez Reyes

All State Homes

(559) 206-2582

33 Total Sales

13 in Hanford

$285K - $565K Price Range

Jesus Alberto Ramirez Reyes
James Liang

Responds Quickly

Real Brokerage Technologies

(559) 354-3365

75 Total Sales

3 in Hanford

$433K - $490K Price Range

James Liang
Caprice Parry

Iron Key Real Estate

(559) 206-1747

121 Total Sales

4 in Hanford

$310K - $395K Price Range

Caprice Parry
Joe Parks

eXp Realty of California, Inc

(559) 242-1384

61 Total Sales

2 in Hanford

$370,000 Price Range

Joe Parks
Sarah Case

RE/MAX Success

(559) 608-3980

133 Total Sales

5 in Hanford

$210K - $432K Price Range

Sarah Case
Rene Velarde

eXp Realty of Greater Los Angeles, Inc.

(559) 306-0645

23 Total Sales

2 in Hanford

$369,000 Price Range

Rene Velarde

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Buyer	Sale Price	Title Company
		$1,000,000	Chicago Title Company
		$875,000	Stewart Title Of California

Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Status	Borrower	Loan Amount
	Previous Owner		$572,225
	Previous Owner		$583,333

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Event	Price	List to Sale	Price per Sq Ft	Prior Sale
04/20/2026 04/20/26	Sold	$1,000,000	-9.1%	$240 / Sq Ft
04/07/2026 04/07/26	Pending	--	--	--
04/02/2026 04/02/26	For Sale	$1,100,000	+25.7%	$264 / Sq Ft
11/30/2023 11/30/23	Sold	$875,000	-10.3%	$210 / Sq Ft	View Prior Sale
11/28/2023 11/28/23	Pending	--	--	--
02/25/2022 02/25/22	For Sale	$975,000	--	$234 / Sq Ft

Source: Kings County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year	Tax Paid	Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.	Land	Improvement
2026	$9,824	$910,663	$78,030	$832,633
2025	$9,472	$892,782	$76,500	$816,282
2023	$9,472	$409,331	$58,159	$351,172
2022	$4,424	$401,123	$57,019	$344,104
2021	$4,330	$393,422	$55,901	$337,521
2020	$4,376	$389,397	$55,328	$334,069
2019	$4,303	$381,778	$54,243	$327,535
2018	$4,179	$374,173	$53,179	$320,279
2017	$4,115	$366,795	$52,136	$314,659
2016	$4,060	$359,556	$51,114	$308,442
2015	$4,037	$354,314	$50,346	$303,968
2014	$3,958	$347,388	$49,360	$298,028

Source: Public Records

Agents Affiliated with this Home

J

Seller's Agent in 2026

Jaime Martinez

Hoekstra & Associates Inc
S

Buyer's Agent in 2026

Sunny Malhi

Realty One Group Action

(559) 308-2796

91 Total Sales

Sunny Malhi
L

Seller's Agent in 2023

Larry Martella

Martella Real Estate
R

Seller Co-Listing Agent in 2023

Robin Jerome-Boyer

Kings County Real Estate
A

Buyer's Agent in 2023

Area Out Of

Out Of Area

See All Agents

Map

Source: Kings County Board of REALTORS®

MLS Number: 233929

California Kings County Hanford 93230

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Sale Details

About This Home

Property Details

Home Type

Lot Details

Home Design

Interior Spaces

Community Details

Listing and Financial Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Condo/Co-op/Association

Lot Info

Green Features

Rental Info

Multi Family

Ownership History

Purchase Details

Purchase Details

Home Financials for this Owner

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Hanford, CA

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map